Renting

Included usually as part of the monthly rent (though each property may vary); however, improvements or changes to the property are limited.

Buying

Pay for maintenance and any repairs. (Some homes may include these expenses as part of the monthly HOA/condo fees.)

Renting

None

Buying

Pay local property taxes (either monthly as part of an escrow account or you pay directly on a semi-annual or annual basis); however, both mortgage interest and property taxes are usually tax deductible.